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    Property profile & analytics

    57 Gleneida Ave Carmel, NY 10512-1209

    • Investment properties
    • 1,538 SF
    • 0.08 lot acres
    OFF-MARKET
    Value Estimation
    $475,000
    Last Sale
    Jul 30, 2021
    $450,000
    Location Intelligence
    Property ID
    US63-2122621
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Investment properties

    Property Details for 57 Gleneida Ave

    Year built
    1920
    Lot size
    0.08 lot acres
    Property size
    1,538 SF
    Zone code
    C
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    372000 44.18-1-8
    APU
    372000441818

    Description

    This exceptional investment opportunity presents two adjoining storefronts located at 57-59 Gleneida Avenue in the heart of Carmel Hamlet, New York, 10512. Listed at $490,000, this property offers significant potential for a variety of retail businesses. The combined space previously housed a well-established food establishment, suggesting a history of successful commercial activity. The property boasts a highly desirable location in the center of town, ensuring excellent visibility and accessibility for customers. Conveniently situated, the property benefits from access to public sewer and public water, eliminating the need for costly private systems. The precise square footage of each storefront is not specified, but the combined space offers ample room for a variety of retail uses. This property is an excellent opportunity for an investor seeking a strong foothold in a thriving community. The address is 57 Gleneida Ave, Carmel Hamlet, Putnam County, New York. The property's latitude and longitude coordinates are 41.4271231 and -73.6792585 respectively. This turnkey opportunity awaits a discerning buyer.

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $470,000

    • CAP approach

      CAP return
      Estimation
      6%
      $465,000
      6.5%
      $530,000
      7%
      $495,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $425,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $420,000
      Retail
      $470,000
      Mixed-Use
      $545,000
      Hospitality
      $540,000
      Educational
      $510,000
      Residential Income
      $500,000
      Energy
      $510,000
      Income-Based Land
      $465,000
      Food Service
      $570,000

    Location Insight

    • Map
    • Local Demand
    City
    Carmel
    County
    Putnam
    State
    New York
    Longitude
    -73.6794
    Latitude
    41.4271
    CBSA code
    35620
    CBSA name
    NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $10,581
    $63,300
    $164,000
    $227,300
    -
    $63,300
    $164,000
    $227,300

    Comparable in this City

    • Value Estimation
      $410,000
      1,792 SF

      1849 Rte 6th 6

      OFFICE/RESIDENTIAL (MIXED USE) • 1,792 SF
      1849 Rte 6th 6, Carmel, NY 10512-2316
      View Details
    • Value Estimation by Request
      3,240 SF

      126 Gleneida Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,240 SF
      126 Gleneida Ave, Carmel, NY 10512-1232
      View Details
    • Value Estimation
      $295,000
      2,676 SF

      1088 Rte 52

      OFFICE/RESIDENTIAL (MIXED USE) • 2,676 SF
      1088 Rte 52, Carmel, NY 10512-4821
      View Details
    • Value Estimation
      $280,000
      1,480 SF

      38 Chauncey Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,480 SF
      38 Chauncey Rd, Carmel, NY 10512-6951
      View Details
    • Value Estimation
      $325,000
      3,556 SF

      17 Fowler Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 3,556 SF
      17 Fowler Ave, Carmel, NY 10512-1101
      View Details
    • Value Estimation
      $210,000
      1,560 SF

      104 Gleneida Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 1,560 SF
      104 Gleneida Ave, Carmel, NY 10512-1203
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      42,000 SF

      Gateway Retail Center: Carmel, NY

      Prime Retail Space - Multiple Units Available
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      Carmel Retail or Office Space

      Prime retail/office space with high visibility in Carmel, NY.
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    • $350 /Mo

      Micro Office Space Available

      Individual office space near amenities with included utilities.
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    Carmel, NY 10512-1209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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